Taking everything into account, FAAR scores 0 out of 10 in our technical rating. FAAR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
FAAR has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
25.42
We found 1 important support area.
- A support zone ranging from 25.68 to 26.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 29.83 to 30.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 30.89 to 30.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for FAAR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FAAR is down. |
| ChartMill Relative Strength | 25.41 | NEGATIVE | FAAR has a low relative strength, it was outperformed by 74.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FAAR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FAAR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FAAR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.66 | OVERSOLD | The low RSI value suggests FAAR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests FAAR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.18 | OVERSOLD | The low Stochastics value suggests FAAR may be oversold. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for FAAR suggests low volalility. |
| Average Directional Index/ADX (14) | 33.65 | POSITIVE | The high ADX value value for FAAR suggests a strong trend. |
NASDAQ:FAAR (12/24/2025, 8:27:38 PM)
27.1681
-0.18 (-0.65%)
FIRST TRUST ALT ABS RET ETF / FAAR FAQ
Can you provide the ChartMill technical rating for FIRST TRUST ALT ABS RET ETF?
ChartMill assigns a technical rating of 0 / 10 to FAAR.
What is the current trend direction of FIRST TRUST ALT ABS RET ETF (FAAR) stock?
The current trend direction for FIRST TRUST ALT ABS RET ETF (FAAR) is Bearish.
What is the RSI signal for FAAR stock?
FIRST TRUST ALT ABS RET ETF (FAAR) has an RSI value of 28.6637. This indicates that the stock is currently oversold.
What is the MACD signal for FAAR stock?
The MACD indicator for FIRST TRUST ALT ABS RET ETF (FAAR) has a value of -0.260758, indicating a bearish trend.
Can you provide the short term momentum for FIRST TRUST ALT ABS RET ETF?
The short term momentum for FIRST TRUST ALT ABS RET ETF (FAAR) is negative.